Pre-Market Report – Wednesday 18 September: US markets in wait and see mode
- Author
- Marcus Today
- Published
- Tue 17 Sep 2024
- Episode Link
- None
The Dow Jones Industrial Average inched down 15.9 points, or 0.04%, to close at 41,606.18. The 30-stock index also hit a fresh record during the session. The S&P 500 was unchanged. The Nasdaq Composite advanced 0.2% and ended at 17,628.06.
The energy sector outperformed the S&P 500 on Tuesday afternoon. Energy advanced 1.3%, with gains led by Halliburton and Devon Energy up 3.2% and 2.1%, respectively.
The latest retail sales data indicated solid consumer health. Retail sales rose 0.1% in August versus economists' estimates for a 0.2% decline.
SPI down 39 points.
- Commodities slip slightly.
- Oil up 1.2%. Gold off 0.5%.
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